Centurion
Bank to foray into insurance Our
Banking Bureau
4 January 2005
Chennai:
Centurion Bank has received shareholders' approval for
altering the "objects" clause in its Memorandum
of Association.
The
alteration involved the inclusion of "bancassurance"
among the businesses being done by the bank. The Insurance
Regulatory and Development Authority has asked banks to
Chennai:
Centurion Bank has received shareholders' approval for
altering the "objects" clause in its Memorandum
of Association.